I am extremely skeptical of this narrative, i.e. that we don't have a supply problem, just a demand problem. Does anyone know their source for the data in those first three charts (demand vs. production of goods)? https://t.co/O9IuxRKRA4
— jonstokes.com (@jonst0kes) November 9, 2021
Yeah, this is totally a propaganda op. This is no different than when econs claimed during the 2008 Great Recession that massive unemployment was due to people deciding not to work (yes, that really happened).
This is to forestall any move to break up large monopolies and monopsonies. That’s all. If they can convince enough people that there were no supply chain issues and derangments due to too few companies controlling too much, they win. Won’t be obvious to most people, extremely obvious when know how this sausage gets made (and why).